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Nov 06 The Importance of Working Capital for Staffing Companies

Posted at 8:25am in Get Balanced: Bookkeeping Made Easier
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Working capital is a key financial concept for business owners when evaluating the overall health of operations. It reveals a snapshot of the company’s short-term liquidity position. In addition to having enough working capital to pay bills for a year, staffing companies have some unique...

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Sep 28 Accounting Concerns for Legal Marijuana Business Operations

Posted at 9:20am in Get Balanced: Bookkeeping Made Easier
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Accounting for the growing cannabis industry is unique. Business owners must comply with strict state and federal regulations to avoid substantial penalties or even the risk of losing their business.

The potential for large cash transactions and banking restrictions common in the industry further emphasize the...

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Nov 11 Is your small business prepared for the new employment tax filing deadline?

Posted at 3:02pm in Get Balanced: Bookkeeping Made Easier, KRS Blog
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In an effort to combat fraud, the Protecting Americans from Tax Hikes (PATH) Act of 2015 was enacted. It revises the filing deadline for Form W-2 and certain types of Form 1099. Without proper planning, these revisions can cause some real stress for small businesses....

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Sep 30 What Drives SMBs’ Accounting Software Purchases?

Posted at 1:53pm in Get Balanced: Bookkeeping Made Easier, KRS Blog
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SMB Accounting Trends Buyer Report – 2016 provides excellent insights into what business owners should look for when considering buying an accounting software system. Here's what you need to know from the report....

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Aug 19 Ten Tips for Choosing a Reliable Payment Processor

Posted at 1:16pm in Get Balanced: Bookkeeping Made Easier, KRS Blog
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Most retail and many service-based business accept payment via credit card. This practice is becoming even more common as business competition heats up and credit card processing fees become more competitive. Choosing a payment processor is perhaps the most difficult task in any businesses...

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Jul 22 Stay in Touch With Your Accountant Even After Your Tax Return is Filed

Posted at 5:50pm in Get Balanced: Bookkeeping Made Easier, KRS Blog
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By tapping into your accountant's knowledge and expertise after tax season, you can get help with the complex issues facing your business. This post talks about some of the ways a CPA can help you outside of tax season....

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Jul 08 Choosing The Right Accounting Software

Posted at 8:00am in Get Balanced: Bookkeeping Made Easier, KRS Blog
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When it comes to choosing the right accounting software for your business one size definitely does not fit all. With an onslaught of “boxed” bookkeeping packages to choose from it is critical to fully understand their offerings and limitations before committing to one over another....

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Jun 10 Who’s Really in Control of Your Internal Controls?

Posted at 9:54am in Get Balanced: Bookkeeping Made Easier, KRS Blog
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Internal controls are the checks and balances that are in place to at least provide a fighting chance that errors, omissions, duplications and misappropriations will be detected and avoided. Read more to learn about how all businesses can put such controls into place immediately without...

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May 27 Good Business Performance Starts with Good Record Keeping

Posted at 8:00am in Get Balanced: Bookkeeping Made Easier
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Which records should you keep? Good financial record keeping is vital to the success of any business. They will help you monitor the progress of your business, plan for the future, prepare accurate financial statements and tax returns, and enable business owners to create...

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May 13 Cash Flow Projections Can Protect Your Company’s Future

Posted at 7:47am in Get Balanced: Bookkeeping Made Easier
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For many small businesses and startups, managing their cash flow is a continual challenge. Good cash flow projections will help any business stay on course towards a brighter future. Learn more about cash flow projections and download our free Cash Flow Guide....

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Paramus, NJ 07652

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